In order to advance its EU expansion, it is searching for a way to broaden its reaching by applying for a permit for trading in Ireland. Ripple is prepared to rule the…
Category: Regulation
US Congress Created New Laws For Crypto-Regulation
In a public statement, Brad Sherman (D-Sherman Oaks), chairman of the committee on stakeholder security and state marketplaces, discussed the effects of FTX bankruptcy, once a significant cryptocurrency exchange. The descent of…
Binance Is Working On Introduction Of Crypto In Cambodia
Recently, Binance announced a collaboration to build the redistributed finance system with the Royal Association of Companies in Cambodia. The latter is a strategical investing finance organization established in the Kingdom of…
New York And Singapore Collaborate To Issue State Cryptocurrency
The combined effort’s goal is to evaluate the potential widespread use of central bank digital currencies in international trade. Overall views To investigate CBDC NEWS, the NY Fed joined forces with MAS…
IOSCO Proposes New Measures To Address the Growing Risks In the World Of Digital Marketing
The International Organization of Securities Commissions (IOSCO) considers that both the international and local regulatory entities require additional power to deal with the heightening challenges and hazards witnessed after retail marketing as…
Cryptocurrency ATMs Are Becoming A Popular Method For Digital Currency Scam Payments Warns FBI
The Miami Field Office of the United States-based Federal Bureau of Investigation (FBI) has cautioned about the crypto ATMs’ growing usage in scamming activities aiming at receiving funds from the victims. A…
El Salvador And Lugano Cooperate To Adopt Bitcoin As Official Currency
A memo of understanding on economic group actions to enlarge the use of BTC was signed by Lugano, Switzerland, and El Salvador. Now, the latter is going to open a new Bitcoin…
The New US Authorities Guidance On Cryptocurrency Regulation And Taxes
The US financial regulation authorities have issued modified guidance on electronic monetary funds regulation, reporting that non-fossil items and stable tokens are also taxable. The draft 2022 IRS tax guidance rates crypto-assets,…
Fed Chair Jerom Powell Says DeFi Requires Proper Regulation Before Reading Retail Customers
Jerome Powell – the chairman of the U.S Federal Reserve – talked about the proliferation of Decentralized Finance and its effect on the local financial system, along with that he has requested…
Inflation Is About to Spike Once Again, Bitcoin Holders Move Their Assets off CEX Platforms
We have the latest data about inflation in the US and it looks grim. The core inflation is up 0.6% this month and 4.9% up compared to the same period one year…